FinTech
IMAN Holdings plans to raise $100M for GCC expansion
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets.
Sovra raises $2 million+ in pre-seed funding round
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was led by Pharsalus Capital, with participation from lead...
mylo simplifies installments with InstaPay integration
mylo, the fintech venture that grew out of B.TECH, announced the launch of a new feature allowing customers to easily pay their due installments through the InstaPay financial services app, using thei...
Lucid Capital raises $2.5M led by Tharawat Holding
Lucid Capital, a UAE-based fintech company specialising in AI-driven algorithmic trading, has closed a $2.5 million Seed funding round to strengthen its trading infrastructure and advance its artifici...
Türkiye’s Paribu acquires CoinMENA for $240 million
Türkiye’s leading digital asset platform Paribu announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the comp...
Black Swan wins the MEST Africa Challenge 2025
Black Swan, a Mauritius-based FinTech startup, has been named the winner of the MEST Africa Challenge (MAC) 2025, following a high-energy Grand Finale at Innovation City, Cape Town on November 26, 202...
UPFRONT secures $10 million in pre-seed round
Dubai-based fintech startup UPFRONT has secured a $10 million pre-seed round, a mix of equity and debt allocation, to tackle one of the most persistent pain points for small and medium-sized businesse...
PaySelect to revolutionise the payment industry in UAE
PaySelect, the UAE’s first independent digital platform dedicated to simplifying the search for payment solutions, has launched with fifteen leading payment providers already on board. Designed ...
BENEFIT equips youth to lead fintech sector in Bahrain
Bahrain’s leading fintech company, BENEFIT, has successfully concluded the fourth edition of its FinTech Summer Training Programme “MASAR.” The initiative is dedicated to empowering Bahraini you...